The USD/PLN declined towards the 4.3000 level, as Polish policymakers have pointed out that they will consider the zloty weakness in the next monetary
Polish government showed concerns about the zloty weakness and added that it should be considered.The USD/PLN declined towards the 4.
On the US side, the Greenback is holding its foot after the US Bureau of Labor Statistics reported that the Consumer Price Index rose to 3.7% YoY, higher than the 3.2% in July and beating the expected 3.6%. Conversely, the Core measure eased to 4.3% YoY, matching expectations. As a reaction, the USD is holding its foot as, according to the CME FedWatch tool, market participants still foresee nearly 40% of the odds of a 25 basis point hike by the Fed in 2023.
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